Tag: contract

What is a 'Quasi Contract' A quasi contract is an agreement between two parties without previous obligations to one another that has been created and...

What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...

What is a Variable Annuity A variable annuity is a type of investment that offers the potential for tax-deferred growth and a death benefit. With...

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

What is a 'Vanilla Option' A vanilla option is a financial instrument that gives the holder the right, but not the obligation,...

What is 'Variable Prepaid Forward Contracts' An agreement to give a predetermined number of shares to a brokerage firm, with the stipulation...

Definition A variance swap is an over-the-counter financial derivative that allows one to speculate on or hedge risks associated with the magnitude of movement, i.e....

What is 'Vanilla Strategy' An approach to investing or to business decision-making that is basic and common. Some investors and businesses excel...

What is 'Fat Man Strategy ' A takeover defense tactic that involves the acquisition of a business or assets by a target...

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...